Profit and revenue down at Candy Crush creator King

The record $5.9bnbuy-outby Activision was just about the only positive number for King last year.

The Candy Crush studio has revealed its latest financials, which show that annual profit for 2015 dropped by a tenth to land at $517 million. Meanwhile, revenues were down 12 per cent to $2 billion. Total gross bookings were also lower, falling 10 per cent to $2.1 billion.

The fall in finances is due to an overall lapse in popularity, however. Games such as Candy Crush and its spin-offs, Soda Saga and Jelly Saga, continue to rank highly in the iOS and Android marketplaces.

Head over to Develop for more details.